E-commerce retailer Shopee Korea is aiming for 300% growth in Thailand next year as K-beauty brands such as COSRX, Fwee, Torriden, and VT Cosmetics surge in demand.
South Korean cosmetics firm Able C&C is set on reinforcing its competitiveness in China’s beauty market through strategic online expansion and collaborations with local key opinion leaders (KOLs).
Korean researchers have developed a compound that has been found to inhibit cell death and protects hair follicles against oxidative stress damage, showing promise for application in novel hair loss treatment.
South Korean ingredients firm Incospharm is using a novel filtration method to develop a range of 10 plant-based exosomes derived from centella asiatica, dragon fruit, and more.
Clio Cosmetics reported a boost in profitability for the first quarter (Q1) driven by efforts to improve the sales of skin care brands such as Goodal and Dermatory.
K-beauty major Amorepacifc has reported strong growth in Europe and the Americas in the first quarter (Q1) driven by expansion of key brands Laneige and Innisfree.
The renewal of luxury K-beauty brand The Whoo has helped to bolster sales for LG Household & Healthcare (LG H&H) and restore the firm’s growth trajectory.
Here we feature the latest developments from the innovative South Korean beauty market, featuring news on Able C&C’s partnership with Daiso, Kolmar Korea’s groundbreaking research, and more.
South Korean firm All Grace Co Ltd recently opened the first multi-indie brand store at Incheon International Airport and hopes to serve as a bridge for K-beauty SMEs to enter overseas markets, following sales that have “exceeded expectations”.
Cosmetics company Kolmar Korea has discovered a skin microbiome-derived probiotic ingredient that it claims can suppress skin ageing caused by ultraviolet (UV) rays, and plans to use it to develop “groundbreaking” sun care products.
Sephora’s failure to crack South Korea has been linked to its inability to understand the local market and highlights the strength of local players, according to industry experts.
South Korean cosmetic firm Neopharm is set to expand its sensitive skin care brand Atopalm's baby products into China after getting regulatory approval to enter the baby care market.
Europe’s eager young consumer base and relatively low K-beauty penetration represents significant growth potential for Able C&C’s flagship beauty brand, Missha, says the firm.
LG Household and Health Care (LGH&H) has laid out plans to reinforce its competitiveness in 2024 after seeing a significant profit slump in the last year.
Amorepacific’s latest full-year results show that growth across multiple markets including the US were not enough to offset the slump in China, leaving its overseas business unit in the red
The Korean Institute of Geoscience and Mineral Resources (KIGAM) has discovered a range of skin care benefits in marine mud gathered from the Hupo Basin in the East Sea.
Several Korean indie beauty brands recently announced their overseas expansion activities, with collaboration with distributors and entry into new high-potential markets being their key strategies.
South Korea-based APR Corp says its beauty device technology is the key driving force behind the company’s accelerated expansion into overseas markets, amid growing demand for cost-effective devices.
South Korean conglomerate Shinsegae International is accelerating the expansion of its imported cosmetics business by striking various exclusive distribution deals for popular overseas brands and those with high growth potential.
Beauty giant L’Oréal is aiming to nurture the strengths of the China-Japan-Korea ‘beauty triangle’ through its North Asia Big Bang Beauty Tech Innovation program.
South Korean beauty retailer Shinsegae has attributed the success of brands such as Oribe, Hourglass and YUNJAC to the presence of a strong hero product to drive sales.
South Korean vegan beauty brand Dear Dahlia is accelerating its expansion in Europe in Italy, Poland, and the Netherlands, ahead of its forthcoming debut in India.
Dolce & Gabbana Beauty is embarking on a major online and offline expansion in South Korea in collaboration with distributor and retailer Shinsegae International.
Hourglass Cosmetics is extending the shade range of its best-selling Phantom Volumising Glossy Balm in South Korea as it experiences “explosive” sales response.
The US beauty market could potentially be fertile ground for Asian cosmetic brands which are valued for their efficacy, innovation, and unique approaches to beauty.
Sargassum fusiforme (S. fusiforme), or hijiki, could be applied in cosmetic products as a melanogenesis-inducer to tackle hypopigmentation disorders and improve hair greying, say South Korean researchers.
The Korea Consumer Agency (KCA) has advised cosmetics brands to tighten labelling on shampoo bars, after its recent test discovered that some products did not indicate allergenic ingredients or accurately display their acidity levels.
German personal care brand NIVEA recorded strong growth in the second quarter (Q2) fuelled by innovation in sun and lip care products, with Japan performing particularly well.
First-generation K-beauty brands have navigated their way back to relevancy by banking on brand values, zeroing in on trends and playing on nostalgia, says one expert.
K-beauty brand Dr. G is continuing to expand in South East Asia with a new store in Malaysia, where its sunscreen range is enjoying significant success.
South Korean health and beauty retailer Olive Young is expecting its clean beauty brands to rake in $200m in sales this year as demand for clean products remains voracious among consumers.
K-beauty brand Missha is looking to extend its global footprint through affordable product pricing, market-specific launches, and the appointment of Hollywood star Elizabeth Olsen as its latest ambassador.
Estée Lauder’s chief has emphasised the importance of travel retail to its global beauty business despite the rebound lag in Asia that has forced it to lower its full-year sales forecast.
K-beauty brand Dr. G is leveraging the international recognition of South Korea boy band SHINee to reinforce the brand’s presence overseas, starting with Japan and Vietnam.
American beauty device firm PMD Beauty will focus on building a strong brand foundation in Asia after it failed to build long-term success by focusing on sales.